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Al Meera reports net profit of QR162.1 million
(The Peninsula - 23/02/2016)

Retail major Al Meera has reported a net profit of QR162.1 million for the financial year ended December 31, 2015, a drop by 28.4% compared to QR226.6 million registered in 2014. The consumer goods retailers Earnings Per Share for the period ended

UAE's food firm Agthia eyes $1bn revenue by 2020
(Trade Arabia - 11/02/2016)

Abu Dhabi-listed food and drinks firm Agthia Group is aiming to double revenues by 2020 through organic growth and acquisitions, its chief executive said on Wednesday. Agthia reported on Tuesday it made a net profit of Dh231 million ($63 million) last

Americana gives go-ahead for stake sale due-diligence
(Gulfnews - 09/02/2016)

Kuwait Food Co (Americana) said on Monday that its board had agreed to give an investment firm 60 days to carry out due diligence for the acquisition of a controlling stake in the company. Last week the Gulf-based investment firm, Adeptio, said it had

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